**Charity registration number 1195764**
## **JEWISH CHILD'S DAY CIO**
**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **JEWISH CHILD'S DAY CIO**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Charity number**
1195764
**Company number** CE028167 **Honorary Patron** The President of the State of Israel **Patron** The Jewish Chronicle **Life President** Mrs Joy Moss MBE
**Honorary Presidents**
Rabbi Joseph Dweck Rabbi Jeremy Gordon Rabbi Andrew Goldstein Rabbi Laura Janner-Klausner Chief Rabbi Ephraim Mirvis
## **Chairman**
**Vice Chairman Honorary Treasurer Honorary Secretary**
Mr Charles Spungin Mrs Virginia Campus Mr Gary Cohen Mr David Collins
**Executive Council and Trustees**
## **Grant Allocation Committee**
Mr Charles Spungin Mr Gary Cohen Mrs Joy Moss MBE Mr Stephen Moss CBE Mr David Collins Mr Melvyn Orton Mrs Virginia Campus Mr Richard Reinhold Mr Joshua Pelled Mr Simon Assor Mrs Karen Danker Mrs Maxine Elias Rabbi Andrew Goldstein Mrs Amanda Ingram Mrs Emma Kafton Mrs Gabrielle Ludzker Dr Simon Nadel Mrs Eve Oppenheim (deceased June 2022) Mrs Lucie Spungin Mrs Joanne Weir Mrs Simone Wilson Mr Richard Reinhold Mrs Susie Ollins Mrs Gaby Lazarus Mrs Francine Epstein
Mrs Anthea Jackson
**Executive Director**
## **JEWISH CHILD'S DAY CIO**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Principal address**|Floor 1|
|---|---|
||Elscot House|
||Arcadia Avenue|
||London|
||N3 2JU|
|**Auditors**|SPW (UK) LLP|
||Gable House|
||239 Regents Park Road|
||London|
||N3 3LF|
|**Bankers**|National Westminster Bank Plc|
||PO Box 83|
||Tavistock House|
||Tavistock Square|
||London|
||WC1H 9XA|
|**Solicitors**|Solomon Levy & Co|
||33 Alma Street|
||Luton|
||LU1 2PL|
## **JEWISH CHILD'S DAY CIO**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees report|1 - 5|
|Statement of Trustees responsibilities|6|
|Independent auditor's report|7 - 9|
|Statement of financial activities|10|
|Statement of financial position|11|
|Statement of cash flows|12|
|Notes to the financial statements|13 - 23|
|Income and expenditure account|24 - 25|
|Grants awarded to institutions - Appendix 1|26 - 27|
## **JEWISH CHILD'S DAY CIO**
## **TRUSTEES REPORT** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
The Trustees present their annual report and financial statements for the year ended 31 December 2022.
The financial statements have been prepared in accordance with the accounting policies set out in notes to the financial statements and comply with the Jewish Child's Day's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
## **Conversion to Charitable Incorporated Organisation - 1195764 (CIO)**
JCD appointed and instructed law firm Womble Bond & Dickinson to assist in the CIO conversion process.
A formal agreement to transfer all liabilities, assets and undertaking of Jewish Child’s Day from a charitable unincorporated association to a newly incorporated Charitable Incorporated Organisation was drawn up on Thursday 25th November 2021.
This included registering and submitting the new charity with the Charity Commission and assisting in preparing a new Constitution.
The incorporated charities activities commenced on 1st January 2022.
Transferring to a CIO was a key component and recommendation from an external Strategic Review which took place in 2020.
The Board believe that the charitable purposes of JCD can be more effectively carried out through an incorporated vehicle. It also allows the organisation more easily to enter contractual commitments and will confer limited liability on the trustees. This will help to secure high quality leadership for the organisation into the future.
The Board of Trustees had determined previously that it would be in the best interests of the Charity for it to become "incorporated". Thus, they approved the incorporation of a new incorporated organisation (the CIO) which was registered with the Charity Commission on 9th September 2021.
The Executive Director was guided by the law firm (Womble Bond Dickinson) with an exhaustive inventory to ensure all contracts, leases, bank accounts, investments etc were transferred to the CIO accordingly, a new bank account was open and all donors who make monthly or annual payments by Direct Debit or Standing Order were notified of these changes. All these processes are now in place.
## **Jewish Child’s Day (Unincorporated Body) 209266.**
It was taken under advice for charities looking to incorporate new vehicles, to retain the unincorporated charity as a shell for a period post incorporation. A revised Constitution was submitted to the Charity Commission which will exist in a dormant state, should legacies be received post incorporation.
There will be a separate 18 month ended 31st December 2022 audit and set of accounts issued for JCD 209266.
## **Objectives and activities**
The objectives of the charity are to provide public benefit for Jewish children in necessitous circumstances in the United Kingdom, Israel and elsewhere, whilst promoting the principles of Tzedakah (charitable giving) to Jewish children and in connection therewith, to raise money for any of the charitable purposes for which the organisation was formed.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
The charity’s policy is to consult and discuss with employees, through staff councils and at meetings, matters
likely to affect employees’ interests.
Information of matters of concern to employees is given through information bulletins and reports which seek to achieve a common awareness on the part of all employees of the financial and economic factors affecting the charity’s performance.
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## **JEWISH CHILD'S DAY CIO**
## **TRUSTEES REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort would be made to ensure their employment with the charity continues and that appropriate training would be arranged. It is the policy of the charity that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees.
## **Grant making policy**
The grant making policy of JCD is to fund projects and programmes in the UK, Israel, and elsewhere that support children in special need. Grants are paid to partner organisations or to fund projects run by other organisations, either from restricted funds or by way of discretionary grants from unrestricted funds.
## **Investment policy**
Jewish Child’s Day have two diversified investment funds which protect capital and generate an income. Our Trustees approve new investment funds and the performance on these funds are monitored regularly. Any subscriptions, redemptions and transactions across the funds are only permitted by certain authorised personnel.
## **Strategic report**
The description under the headings "Achievements and performance" and "Financial review" meet the company law requirements for the Trustees to present a strategic report.
## **Achievements and performance**
Despite the many challenges faced over the last two years from COVID, the UK was slowly starting to recover. With many countries still adhering to social distancing, travel restrictions and new COVID variants there were still challenges in organising physical events.
JCD’s focus was on planning a Trek in Israel for May and a Matched Giving Campaign in June which would replace the Gala Dinner. There was a significant emphasis on the 75th Anniversary with the opportunity of using the ‘75 years of Transforming Lives’ across all digital, social media platforms and marketing campaigns as well as creating dedicated PR stories and fundraising appeals throughout the year.
A concerted effort was made to increase JCD’s profile and brand awareness. The JCD website was launched in January 2022 alongside a new social media campaign: “Today is your day’.
The opportunity of having a functional and updated website has meant a far superior and user-friendly payment platform as well as measuring increased donor engagement through google analytics.
A summary of the grants awarded during the year were as follows:
|**Geographical Area**|**Unrestricted &**|
**Restricted Grants**|
|---|---|---|
||**Discretionary Grants**|
**Awarded**|
||**Awarded**||
|**UK**|£405,925|£2,828|
|**Israel**|£401,300|£153,725|
|**Rest of the world**|£40,437|£310|
## **Staff & training**
There are currently eight members of staff: 4 members work full-time (4 days per week) and 4 part-time. A staff strategy training day took place in September led by an outside experienced charity consultant. This helped the team greatly with a deeper knowledge of the UK Jewish demographic and how to focus on finding loyal Jewish Child’s Day supporters now and future planning. Having annual training days is positive for employee morale and brainstorming thus creating ROI.
It has been agreed that a first aid training session will be arranged in early 2023.
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## **JEWISH CHILD'S DAY CIO**
## **TRUSTEES REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **Events, appeals & fundraising activity**
JCD joined forces with the Malki Foundation to organise a Trek in the north of Israel in May. Fifteen trekkers joined the challenge event. A gross income of £45,497 was raised. Some of the Trekkers were new supporters of Jewish Child’s Day from the regions and this is something we would continue to do. Plans are underway for Trek 2023.
## **Matched giving transforming lives campaign**
The Board of Trustees agreed to a Charity Extra matched giving campaign as this fell within our 75th Anniversary year. The consensus was that we would try the exercise which yielded £172,340 before Gift Aid. With the actual costs at a minimum, it was agreed that this was a successful campaign. This also gave us the opportunity to widen our donor demographic, raise awareness through a very strong media campaign and through ‘team leaders’ reach completely new audiences.
However, it is very much hoped that in 2024 we can revert to in person dinners, and this would be the preferred aim for Spring 2024.
Russell Brody, Head of Income Generation has identified that the charity is on a steady recovery trajectory and as we move to a post COVID world, more face-to-face meetings can take place as well as planning more fundraising events. There are also plans in place to strategically plan and invest more into outreach programmes in the Regions, with our aim to establish loyal JCD ambassadors in schools, community centres, universities and through warm introductions. There is already a significant shift in recovering donors who had lapsed in the previous financial year as well as establishing new contacts who have all opted in to being contacted in the future.
Fundraising continued throughout the year, with direct mailings to donors and potential supporters at the time of the Jewish festivals: Emergency/Pesach Campaign, Rosh Hashanah, and a special 75th edition Chanukah Newsletter.
The income received cumulatively from these three appeals was £204,480. This showed a 10% decrease in the profitability of the appeals compared to £226,467 (1 Jan - 31 Dec 2021).
The decision was made not to send out a newsletter in July 2022 as it coincided with the matched campaign in June and instead the newsletter was sent out alongside the Chanukah Appeal.
## **Financial review & reserves policy**
## **Community outreach/bar/bat mitzvah twinning & tributes**
The teaching of traditional Jewish values through community outreach & Bar/Bat Twinning and helping others has continued as a fundamental part of the educational role of JCD. Monies raised from these income streams were:
Tributes: £6,995 Bar/Bat Twinning: £7,147 Box collections: £2,107 compared to last year’s figures: (1 Jan-31 Dec 2021) Tributes: £8,579, Bar/Bat Twinning: £8,653, Box Collections: £1,932
To create awareness in schools, JCD launched a Chanukah card art competition at JCoSS School. In addition, JCD presented an assembly and a Rosh Chodesh art workshop which gave the team an opportunity to speak to over 300 pupils about JCD. JCD also participated at the Jewish News Bar Bat Mitzvah Fair in November.
## **Blue-ish jewish 2022**
JCD recognises that fundraising in schools and Chederim is becoming ever increasingly competitive. Going forward a concerted effort will be made to engage with more regional schools and look at finding ways to increase with community outreach.
This year 22 schools and communities took part and £2,450 was raised, which was just slightly down from previous year (1 Jan - 31 Dec 2021) of £2,919.
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## **JEWISH CHILD'S DAY CIO**
## **TRUSTEES REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **Making history – collaboration with the together plan (TTP) and media partner, jewish chronicle**
The Making History Programme is in its second year. One participant from Cleveland/USA joined the sessions this year and the programme has now been developed into a travelling interactive exhibition. The funding for this has been secured by the British Embassy of Belarus, in Minsk.
The exhibition element of the Making History Together Programme which not only introduces the Holocaust to young learners ages 13 and 14 but is also a programme of self-development too. The exhibition is travelling to schools & communities up and down the country. It will also be translated into Russian and will be used in schools in Belarus which is ground-breaking. Material of this calibre has never been used before to educate on the Holocaust, especially within the school environment.
## **75th Heritage reception at JW3**
In honour of Jewish Child’s Day’s 75th anniversary, we wanted to give out Heritage Grants which would be larger than usually awarded and therefore would have more of an impact on the children who benefit. A committee was formed chaired by Joy Moss, JCD’s life president and former chair, who worked alongside committee members Karen Danker, Frankie Epstein and Richard Reinhold. The committee met throughout the year and from the initial 100 expressions of interest, a final selection of projects were shortlisted before being visited in person.
To recognise the allocation of Heritage grants and to mark the milestone anniversary a special reception was held at JW3 to celebrate the achievements of the charity and to announce the seven Heritage Grant recipients. Over 120 donors, friends and colleagues attended this event which was held in partnership with our patron The Jewish Chronicle.
## **Israel trip visiting projects**
Grants Manager, Adele Busse together with Executive Director, Anthea Jackson were delighted to once again visit Israel which was the first time since 2020. They spent four days visiting 25 projects some of which were new or pending a visit. Committee member Richard Reinhold also joined them when they visited the Heritage grant applicants. It was an extremely important and necessary visit where they were able to speak to the project managers, teachers, foster families’ therapists and facilitators in greater detail and see around the organisations as well as watch and speak to the children taking part in activities, therapies etc.
## **Legacy income**
JCD continue to raise awareness of legacy through campaigns and on-going membership of the ‘Jewish Legacy’ forum. Legacy income continues to be a valuable source of income although unpredictable. To that end, this financial year we received £94,397, which is significantly lower 69%, compared to last year’s income of £302,120 (1 Jan – 31 Dec 2021).
However, there has been notification of a substantial future legacy and some smaller legacies, which we anticipate for the next financial year.
A Legacy specialist has met with the fundraising team to assist in planning and the Executive Director attends on-going Jewish Legacy meetings throughout the year. A new legacy campaign is planned for 2023.
## **Major risks**
The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to these major risks.
A review of the potential risks that are faced by Jewish Child's Day has been undertaken. These are seen to be in the areas of staff safety, computer data security and financial control. Appropriate and reasonable systems are in place to cover foreseeable eventualities. Further reviews of Jewish Child's Day policies and procedures will be undertaken during the year including introducing and updating the Safeguarding Policies where necessary and ensuring the charity is compliant in all areas.
## **The year ahead – 2023**
Fundraising events planned for 2023 include; a Women’s event in March, a film screening with the Seret Film Festival in May, a Business Breakfast in June, and whisky tasting in November. We plan to launch a Jewish Child's "Day" national day of fundraising, which will become an annual event in the calendar.
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## **JEWISH CHILD'S DAY CIO**
## **TRUSTEES REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **Structure, governance and management**
Jewish Childs’ Day is a charity governed by constitution registered on 9th September 2021.
The Trustees appointed on 9th September 2021 and served during the year were:
Mr Charles Spungin Mr Gary Cohen Mrs Joy Moss MBE Mr Stephen Moss CBE Mr David Collins Mr Melvyn Orton Mrs Virginia Campus Mr Richard Reinhold (Appointed 1 May 2023) Mr Joshua Pelled (Appointed 1 May 2023)
## **Appointment of trustees**
Trustees shall be appointed (or re-appointed as the case may be) for a three-year term of office. No appointment or re-appointment shall be made when the Trustee in question has held office for 9 years or more, (whether consecutive or not) unless the continuing Trustees resolve that there are special circumstances requiting the reappointment of the Trustee in question, in which case the Trustee in question may be re-appointed for a further term or terms of such length as is determined by the Board, provided that such further additional term or terms is or are approved at a meeting by the Board. Trustees are recruited mainly through” word of mouth “and every effort is taken to ensure that the trustee board represents all sectors of the community and professional and nonprofessional workplace.
## **Other**
The charity's current policy concerning the payment of trade creditors is to follow the CBI's Prompt Payers Code (copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DU).
The charity's current policy concerning the payment of trade creditors is to:
- settle the terms of payment with suppliers when agreeing the terms of each transaction;
- ensure that suppliers are made aware of the terms of payment by inclusion of the relevant terms in contracts; and
- pay in accordance with the charity's contractual and other legal obligations.
## **Auditor**
SPW (UK) LLP will not be re-appointed as auditors in the next year.
## **Disclosure of information to auditor**
Each of the Trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.
The Trustees report was approved by the Board of Trustees.
**Mr Charles Spungin** Chairman Dated: 1 June 2023
- 5 -
## **JEWISH CHILD'S DAY CIO**
## **STATEMENT OF TRUSTEES RESPONSIBILITIES**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
The Trustees are responsible for preparing the Trustees Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Jewish Child's Day and of the incoming resources and application of resources of the Jewish Child's Day for that year.
In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Jewish Child's Day and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Jewish Child's Day and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of accounts may differ from legislation in other jurisdictions.
- 6 -
## **JEWISH CHILD'S DAY CIO**
## **INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF JEWISH CHILD'S DAY CIO**
## **Opinion**
We have audited the accounts of Jewish Child's Day CIO (the charity) for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the notes to the accounts, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
- give a true and fair view of the state of the charity’s affairs as at 31 December 2022 and of its incoming resources and application of resources, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Charities Act 2011.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the accounts section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the accounts in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the Trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Jewish Child's Day’s ability to continue as a going concern.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
As referred to on the Trustee's Report the activities of the charity (Charity no. 209266) were transferred to a newly incorporated organisation (Charity no. 1195764).
- 7 -
## **JEWISH CHILD'S DAY CIO**
## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF JEWISH CHILD'S DAY CIO**
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:
- the information given in the financial statements is inconsistent in any material respect with the Trustees report; or
- sufficient accounting records have not been kept; or
- the financial statements are not in agreement with the accounting records; or
- we have not received all the information and explanations we require for our audit.
## **Responsibilities of Trustees**
As explained more fully in the statement of Trustees responsibilities, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the Jewish Child's Day’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to cease operations, or have no realistic alternative but to do so.
## **Auditor's responsibilities for the audit of the financial statements**
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
## **Other matters**
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
This has been done in order for the financial statements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice.
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## **JEWISH CHILD'S DAY CIO**
## **INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF JEWISH CHILD'S DAY CIO**
## **Use of our report**
This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
**Paul Winter (Senior Statutory Auditor) for and on behalf of SPW (UK) LLP**
1 June 2023
**Chartered Accountants Statutory Auditor**
Gable House 239 Regents Park Road London N3 3LF
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## **JEWISH CHILD'S DAY CIO**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**Notes**
**£**
**£**
**Income and endowments from:**
Voluntary income
**3**
648,796
156,864
Investments
**4**
9,235
-
Other income
**5**
7,176
-
**Total income**
665,207
156,864
**Expenditure on:**
Costs of raising voluntary income
**6**
86,086
-
**Charitable activities**
Grants awarded
**7**
847,662
156,864
Support costs
**7**
473,703
-
**Total charitable expenditure**
1,321,365
156,864
**Total expenditure**
1,407,451
156,864
Net gains/(losses) on investments
**10**
(168,152)
-
**Net outgoing resources before transfers**
(910,396)
-
Transfer from unincorporated body
**11**
2,062,470
9,781
**Net movement in funds**
1,152,074
9,781
Fund balances at 1 January 2022
-
-
**Fund balances at 31 December 2022**
1,152,074
9,781|**Total**
**2022**
**£**
805,660
9,235
7,176
822,071
86,086
1,004,526
473,703
1,478,229
1,564,315
(168,152)
(910,396)
2,072,251
1,161,855
-
1,161,855|
|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
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## **JEWISH CHILD'S DAY CIO**
## **STATEMENT OF FINANCIAL POSITION**
## _**AS AT 31 DECEMBER 2022**_
|||||**2022**||
|---|---|---|---|---|---|
||**Notes**||**£**||**£**|
|**Fixed assets**||||||
|Property, plant and equipment|**12**||||18,073|
|Investments|**13**||||1,099,016|
||||||1,117,089|
|**Current assets**||||||
|Trade and other receivables|**14**||25,451|||
|Cash at bank and in hand|||82,851|||
|||108,302||||
|**Current liabilities**|**15**|(63,536)||||
|Net current assets|||||44,766|
|**Total assets less current liabilities**|||||1,161,855|
|**Income funds**||||||
|Restricted funds|**16**||||9,781|
|General unrestricted funds|**17**||||1,152,074|
||||||1,161,855|
|The financial statements were approved by the Trustees on 1 June 2023||||||
|Mr Charles Spungin||Mr Gary|Cohen|||
|**Trustee**||**Trustee**||||
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## **JEWISH CHILD'S DAY CIO**
## **STATEMENT OF CASH FLOWS**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
|**Notes**
**Cash flows from operating activities**
Cash absorbed by operations
**21**
**Investing activities**
Purchase of property, plant and equipment
Purchase of investments
Proceeds on disposal of investments
Investment income received
**Net cash generated from/(used in) investing activities**
**Net increase in cash and cash equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2022**
**£**
**£**
(564,657)
(5,418)
(96,775)
740,466
9,235
647,508
82,851
-
82,851|
|---|---|
- 12 -
## **JEWISH CHILD'S DAY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **1 Accounting policies**
## **Charity information**
Jewish Child's Day CIO is a charity governed by the constitution adopted on 9th September 2021.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The charity constitutes a public benefit entity as defined by FRS 102.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the accounts, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Incoming resources**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 13 -
## **JEWISH CHILD'S DAY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **1 Accounting policies**
**(Continued)**
## **1.5 Resources expended**
Expenditure is recognised when a liability is incurred. Other grant payments are recognised when a constructive obligation arises that results in the payment being unavoidable.
Costs of generating funds are those costs incurred in generating voluntary income.
Governance costs are primarily associated with constitutional and statutory requirements.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
## **1.6 Property, plant and equipment**
Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Leasehold Leasehold improvements Over 7 years straight line basis Office equipment 25% on reducing balance basis Fixtures & fittings 10% on reducing balance basis Computers 33.33% reducing balance basis
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Non-current investments**
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.
## **1.8 Impairment of non-current assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. An impairment loss is recognised immediately in income/ expenditure for the year, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.
Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately, unless the relevant asset is carried in at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
- 14 -
## **JEWISH CHILD'S DAY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **1 Accounting policies**
**(Continued)**
## **1.9 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.10 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the entity's contractual obligations expire or are discharged or cancelled.
## **1.11 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.12 Retirement benefits**
The charity operates a defined contributions pension scheme. Contributions are charged in the accounts as they become payable in accordance with the rules of the scheme.
- 15 -
## **JEWISH CHILD'S DAY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **2 Critical accounting estimates and judgements**
In the application of the charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Voluntary income**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Donations and gifts
**554,399**
**156,864**
Legacies receivable
**94,397**
**-**
**648,796**
**156,864**
**Donations and gifts**
Unrestricted funds:
General Donations
New Year Appeal
Pesach Appeal
Chanukah Appeal
Events Income
General Donations - Tributes
Community Fun Run
Gift Aid Donations
Matched Giving Campaign
Trek Income
Box Collections
Blueish Jewish
Making History Programme
Heritage/Jewish Charles Day
Bike Ride|**Total**
**2022**
**£**
**711,263**
**94,397**|
|---|---|
||**805,660**|
||50,881
71,536
109,090
23,854
1,000
6,995
400
58,719
172,340
45,497
2,107
2,450
1,208
6,721
1,601|
||554,399|
- 16 -
## **JEWISH CHILD'S DAY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **4 Investments**
||**Unrestricted**|
|---|---|
||**funds**|
||**2022**|
||**£**|
|Income from listed investments|8,886|
|Interest receivable|349|
||9,235|
## **5 Other income**
|||**Unrestricted**|**Unrestricted**|
|---|---|---|---|
|||**funds**||
|||**2022**||
|||**£**||
||Administration fees received in relation to restricted grants|7,176||
|**6**|**Costs of raising voluntary income**|||
|||**2022**||
|||**£**||
||Legacies|3,155||
||New Year expenses|4,677||
||Pesach expenses|4,350||
||Chanukah expenses|6,216||
||Events expenses|2,338||
||Recycling expenses|120||
||Bar/Batmitzvah twinning expenses|660||
||Newsletter|1,081||
||Blueish Jewish expenses|1,495||
||Trek expenses|20,760||
||Fun Run Expense|500||
||TTP Bar/Bat Programme Expenses|9,913||
||Matchgiving Gala Appeal Expense|22,613||
||Heritage Materials|8,208||
|||86,086||
- 17 -
## **JEWISH CHILD'S DAY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **7 Charitable activities**
|Grant funding of activities (see note 8)
Share of support costs (see note 9)
Share of governance costs (see note 9)
**Analysis by fund**
Unrestricted funds
Restricted funds|**Grants**
**awarded**
**2022**
**£**
1,004,526
-
-
1,004,526
847,662
156,864
1,004,526|**Support**
**costs**
**2022**
**£**
-
465,153
8,550
473,703
473,703
-
473,703|**Total**
**2022**
**£**
1,004,526
465,153
8,550|
|---|---|---|---|
||||1,478,229|
||||1,321,365
156,864|
||||1,478,229|
## **8 Grants awarded**
|||**2022**|
|---|---|---|
|||**£**|
|Grants awarded (see appendix|1)|1,004,526|
## **9 Support costs**
|Staff costs
Depreciation
Operating lease charges
Other support costs
Audit fees
Analysed between
Charitable activities|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
312,405
-
6,944
-
18,500
-
127,304
-
-
8,550
465,153
8,550
465,153
8,550|**2022**
**£**
312,405
6,944
18,500
127,304
8,550|
|---|---|---|
|||473,703|
|||473,703|
Governance costs includes payments to the auditors of £8,550 for audit fees.
- 18 -
## **JEWISH CHILD'S DAY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **10 Net gains/(losses) on investments**
||**2022**|
|---|---|
||**£**|
|Revaluation of investments|(168,152)|
## **11 Transfer from Unicorporated Body**
Unrestricted funds of £2,062,470 and restricted funds of £9,781 were transferred from the unincorporated body to the incorporated body on 1st January 2022.
## **12 Property, plant and equipment**
|**Cost**
Transfer from unincorporated body
Additions
At 31 December 2022
**Depreciation and impairment**
Depreciation charged in the year
At 31 December 2022
**Carrying amount**
At 31 December 2022|**Leasehold**
**£**
10,692
-
10,692
2,994
2,994
7,698|**Office**
**equipment**
**£**
1,098
110
1,208
302
302
906|**Fixtures &**
**fittings**
**£**
1,104
-
1,104
110
110
994|**Computers**
**£**
6,706
5,308
12,014
3,539
3,539
8,475|**Total**
**£**
19,600
5,418|
|---|---|---|---|---|---|
||||||25,018|
||||||6,945|
||||||6,945|
||||||18,073|
## **13 Fixed asset investments**
|**Listed**
**investments**
**£**
**Cost or valuation**
At 1 January 2022
-
Additions
96,775
(Decrease) in market value
(168,152)
Transfer from unincorporated body
1,910,859
Disposals
(745,458)
At 31 December 2022
1,094,024
**Carrying amount**
At 31 December 2022
1,094,024|**Cash in**
**portfolio**
**Total**
**£**
-
-
754,345
851,120
-
(168,152)
50,837
1,961,696
(800,190)
(1,545,648)
4,992
1,099,016
4,992
1,099,016|**Cash in**
**portfolio**
**Total**
**£**
-
-
754,345
851,120
-
(168,152)
50,837
1,961,696
(800,190)
(1,545,648)
4,992
1,099,016
4,992
1,099,016|
|---|---|---|
|||1,099,016|
|||1,099,016|
- 19 -
## **JEWISH CHILD'S DAY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **14 Trade and other receivables**
|**Trade and other receivables**||
|---|---|
|**Amounts falling due within one year:**
Other receivables
Prepayments and accrued income|**2022**
**£**
9,955
15,496|
||25,451|
## **15 Current liabilities**
|Other taxation and social security
Trade payables
Other payables
Accruals and deferred income|**2022**
**£**
4,045
3,294
35,769
20,428|
|---|---|
||63,536|
## **16 Restricted funds**
The restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|**Balance at**
**1 January 2022**
**r**
**£**
Restricted funds
-
Funds received from unincorporated
body
-
-|**Movement in funds**
**Incoming**
**esources**
**Resources**
**expended**
**Transfer from**
**unincorporated**
**body**
**Balance at**
**31 December**
**2022**
**£**
**£**
**£**
**£**
156,864
(156,864)
-
-
-
-
9,781
9,781
156,864
(156,864)
9,781
9,781|**Movement in funds**
**Incoming**
**esources**
**Resources**
**expended**
**Transfer from**
**unincorporated**
**body**
**Balance at**
**31 December**
**2022**
**£**
**£**
**£**
**£**
156,864
(156,864)
-
-
-
-
9,781
9,781
156,864
(156,864)
9,781
9,781|
|---|---|---|
|||9,781|
- 20 -
## **JEWISH CHILD'S DAY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **17 Designated funds**
The movement in unrestricted funds is disclosed below. The investment includes unrealised gains.
|**Balance at**
**1 January 2022**
**£**
Unrestricted funds
-
Funds received from
unincorporated body
-
-|**Movement in funds**
**Incoming**
**resources**
**Resources**
**expended**
**Transfer from**
**unincorporated**
**body**
**Investments**
**gains/losses**
**Balance at**
**31 December**
**2022**
**£**
**£**
**£**
**£**
**£**
665,207
(1,407,451)
-
(168,152)
(910,396)
-
-
2,062,470
-
2,062,470
665,207
(1,407,451)
2,062,470
(168,152)
1,152,074|**Movement in funds**
**Incoming**
**resources**
**Resources**
**expended**
**Transfer from**
**unincorporated**
**body**
**Investments**
**gains/losses**
**Balance at**
**31 December**
**2022**
**£**
**£**
**£**
**£**
**£**
665,207
(1,407,451)
-
(168,152)
(910,396)
-
-
2,062,470
-
2,062,470
665,207
(1,407,451)
2,062,470
(168,152)
1,152,074|
|---|---|---|
|||1,152,074|
## **18 Analysis of net assets between funds**
|**18**
**Analysis of net assets between funds**||
|---|---|
|**Unrestricted**
**funds**
**Restricted**
**funds**
**2022**
**2022**
**£**
**£**
Fund balances at 31 December 2022 are represented by:
Property, plant and equipment
18,073
-
Investments
1,099,016
-
Current assets/(liabilities)
44,765
-
1,161,854
-
**19**
**Financial instruments**
**Carrying amount of financial assets**
Instruments measured at fair value through profit or loss
**20**
**Net movement in funds**
Net movement in funds is stated after charging/(crediting)
Fees payable to the company's auditor for the audit of the company's financial statements
Depreciation of owned property, plant and equipment
Operating lease charges|**Total**
**2022**
**£**
18,073
1,099,016
44,765|
||1,161,854|
||**2022**
**£**
1,094,024|
||**2022**
**£**
8,550
6,945
18,500|
- 21 -
## **JEWISH CHILD'S DAY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
|**21**|**Cash generated from operations**|**2022**|
|---|---|---|
|||**£**|
||(Deficit)/surplus for the year|(910,396)|
||Adjustments for:||
||Investment income recognised in statement of financial activities|(9,235)|
||Fair value gains and losses on investments|168,152|
||Depreciation and impairment of property, plant and equipment|6,944|
||Movements in working capital:||
||(Increase) in trade and other receivables|(25,450)|
||Increase in trade and other payables|63,536|
||Transfer from unincorporated body:||
||Investments|(1,910,859)|
||Net value of fixed assets|(19,600)|
||Unrestricted reserves transferred in|2,062,470|
||Restricted reserves transferred in|9,781|
||**Cash absorbed by operations**|(564,657)|
|**22**|**Employees**||
||**Number of employees**||
||The average monthly number of employees during the year was:||
|**Number of employees**
The average monthly number of employees during the year was:||
|---|---|
||**2022**|
||**Number**|
|Donations & Legacies|1|
|Grants|1|
|Events and Fundraising|2|
|Finance|1|
|Executive Director|1|
|Communications and Marketing|1|
|Database & Office Manager|1|
||8|
|**Employment costs**|**2022**|
||**£**|
|Wages and salaries|277,525|
|Social security costs|28,946|
|Other pension costs|5,934|
||312,405|
- 22 -
## **JEWISH CHILD'S DAY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **23 Retirement benefit schemes**
## **Defined contribution schemes**
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect of defined contribution schemes was £5,934.
## **24 Trustees**
None of the Trustees (or any persons connected with them) received any remuneration or re-imbursed expenses during the year.
## **25 Operating lease commitments**
## **Lessee**
The operating lease represents a lease in respect of rent for the premises used by the Charity. The lease is negotiated over terms of 7 years and rentals are fixed for that period. A counterpart agreement was formally agreed on 17th December 2021 to assign the lease to the CIO Jewish Child's Day.
At the reporting end date the Charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:
|Within one year
Between two and five years|**2022**
**£**
12,500
25,000|
|---|---|
||37,500|
## **26 Related party transactions**
The assets and liabilities of the charity were transferred from the old unincorporated charity on 1st January 2022. There were no disclosable related party transactions during the year.
- 23 -
## **JEWISH CHILD'S DAY CIO**
# **MANAGEMENT INFORMATION**
**FOR THE YEAR ENDED 31 DECEMBER 2022**
## **JEWISH CHILD'S DAY CIO**
## **UNRESTRICTED FUNDS**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
|**INCOME**
Donations and gifts
Legacies receivable
Interest
Investment income
Other income
**Total incoming resources**
**RESOURCES EXPENDED**
**Costs of raising voluntary income**
**Support costs**
Grants allocated to institutions (Appendix 1)
Staff costs
Staff Training
Repairs & Maintenance
Rent & Service Charges
Rates & Utilities
Light & Heat
Insurance
Travelling & subsistence
Computer costs
Printing, postage & stationary
Bank Charges
Cleaning
Sundry expense
Telephone
Legal & professional fees
Equipment leasing
Publicity, advertising, marketing and promotion
Audit fees
Depreciation of owned property, plant and equipment
Operating lease charges
Charitable activities
Net Incoming resources before movement on investment assets
Unrealised gain/ (loss) on investment assets
Net incoming/ (outgoing) resources before transfer from unincorporated body|**2022**
**£**
**£**
554,399
94,397
349
8,886
7,176
665,207
(86,086)
847,662
312,405
1,618
593
6,900
1,697
3,329
1,276
5,769
20,349
5,125
8,551
1,332
1,213
4,331
20,229
3,272
33,284
8,550
6,944
18,500
(1,321,365)
(742,244)
(168,152)
(910,396)|
|---|---|
- 24 -
## **JEWISH CHILD'S DAY CIO**
## **RESTRICTED FUNDS**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
|||**2022**|
|---|---|---|
||**£**|**£**|
|**INCOME**|||
|Donations and gifts||156,864|
|Investment income||-|
|**Total incoming resources**||156,864|
|**RESOURCES EXPENDED**|||
|Grants allocated to institutions (Appendix 1)||156,864|
|Excess of Income for the year||-|
|**NET MOVEMENT IN FUNDS PER STATEMENT OF FINANCIAL ACTIVITIES**|||
|Movement on unrestricted funds||(910,396)|
|Movement on restricted funds||-|
|Total excess/(deficit) Income for the year||(910,396)|
- 25 -
## **JEWISH CHILD'S DAY CIO APPENDIX - 1 GRANTS ALLOCATED FOR THE YEAR ENDED DEC 2022**
|**Name**
**Geographical Area**|Unrestricted
Grants
Discretionary
Grants/
Chairmans Action
Exceptional
Grants
**Unrestricted &**
**Discretionary**
**Grants Awarded**
Restricted Grants
Paid
Admin Fee
**Restricted**
**Grants Awarded**
**Total**
£
£
**£**
£
**£**
385,925
20,000
-
**405,925**
2,593
235
**2,828**
**408,753**
369,300
15,000
17,000
**401,300**
147,146
6,579
**153,725**
**555,025**
5,000
20,437
15,000
**40,437**
310
-
**310**
**40,747**
**760,225**
**55,437**
**32,000**
**847,662**
**150,049**
**6,814**
**156,863**
**1,004,525**|
|---|---|
|**SUMMARY**
**UK**
**Israel**
**Rest of the world:**
**GRAND TOTAL**||
|**UNITED KINGDOM**|Unrestricted
Grants
Discretionary
Grants/
Chairmans Action
Exceptional
Grants
**Unrestricted &**
**Discretionary**
**Grants Awarded**
Restricted Grants
Paid
Admin Fee
**Restricted**
**Grants Awarded**
**Total**|
|Acheinu Cancer Support
Arts Therapies For Children
Ateres Girls' High School
Bedside Kosher
Beis Menachem Chabad Lubavitch
Camp Gan Israel / Lubavitch of Edgware
Camp Knak
Chabad Lubavitch - Aliya Youth Project
Chabad Lubavitch of Buckhurst Hill
Chabad Lubavitch of South London CGI
Chabad-Lubavitch Leeds
Clore Shalom School
Crohn's and Colitis Relief
Ezer Leyoldos
Ezra U'Marpeh Ltd
Finchley Reform Synagogue Kindergarten
Habonim Dror
Hatzola North West
Highlights (Formerly A World for Girls)
Hot Line Meals Service (London)
iHeart
In Touch
JCoSS - Jewish Community Secondary School
JSENSE CIO
JW3 Gateways
Kids N' Action
Kids Space
Lev Echod Cancer Care
Lighthouse
London Jewish Family Centre
Lubavitch Day Camp North Manchester
Migdal Emunah
Mother to Mother Ltd
Noa Girls
Noam Masorti
Special Spirits
Splash
Teens United
The Cheer Up Squad
The Fed
The London Reading Centre
The Malki Foundation
The Together Plan Charity
The Zone, Leeds
Turning Corners
Young & Inspired Ltd
**UK - Total**|3,000
**3,000**
**3,000**
5,000
**5,000**
**5,000**
5,000
**5,000**
**5,000**
2,500
**2,500**
**2,500**
2,500
**2,500**
**2,500**
2,500
**2,500**
**2,500**
3,000
**3,000**
**3,000**
4,000
**4,000**
**4,000**
2,500
**2,500**
**2,500**
2,500
**2,500**
**2,500**
4,000
**4,000**
**4,000**
55,000
**55,000**
**55,000**
2,500
**2,500**
**2,500**
3,600
**3,600**
**3,600**
10,000
**10,000**
**10,000**
3,000
**3,000**
**3,000**
2,500
**2,500**
**2,500**
3,000
**3,000**
**3,000**
2,500
**2,500**
**2,500**
4,000
**4,000**
**4,000**
6,000
**6,000**
**6,000**
2,500
**2,500**
**2,500**
50,000
**50,000**
**50,000**
4,000
**4,000**
**4,000**
75,000
**75,000**
**75,000**
3,000
**3,000**
**3,000**
5,000
**5,000**
**5,000**
**-**
504
**504**
**504**
3,000
**3,000**
**3,000**
4,900
**4,900**
**4,900**
2,500
**2,500**
**2,500**
5,000
**5,000**
**5,000**
5,000
**5,000**
**5,000**
5,000
**5,000**
**5,000**
3,000
**3,000**
**3,000**
45,000
**45,000**
**45,000**
4,000
**4,000**
**4,000**
2,500
**2,500**
**2,500**
4,000
**4,000**
**4,000**
**-**
1,369
235
**1,604**
**1,604**
5,000
**5,000**
**5,000**
20,000
**20,000**
**20,000**
14,000
**14,000**
720
**720**
**14,720**
4,925
**4,925**
**4,925**
5,000
**5,000**
**5,000**
5,000
**5,000**
**5,000**
**385,925**
**20,000**
**405,925**
**2,593**
**235**
**2,828**
**408,753**|
|**ISRAEL**|Unrestricted
Grants
Discretionary
Grants/
Chairmans Action
Exceptional
Grants
**Unrestricted &**
**Discretionary**
**Grants Awarded**
Restricted Grants
Paid
Admin Fee
**Restricted**
**Grants Awarded**
**Total**|
|Achuzat Sara Children’s Home
Aleh
Arugot
Arugot
Association for Fighting A-T Disease
House of Wheels/Beit Hagalgalim
Beit Lehem Yehuda
Beit Uri
Big Brothers Big Sisters of Israel (BBBS)
The Boys Clubhouse
Chushim Ben Dan
Dolev Homes for Youth
Emek Medical Center, Clalit Health Services
Family Nest
Friends of Lifta School for Children at Risk
Grandpa Jack Integrative Therapeutic Center
Gimmel Foundation
Hamifal/Givat Ada
IFDO
Ilan - Israel Foundation For Handicapped Children - Jerusalem
ITC
Jerusalem Hills Therapeutic Center
Kaima
Kav Lachayim (Life Line)
Keren Ezra LaZulat
Kaleidoscope
Lone Soldier
Ma'agalei Shema
Masorti Israel
Matzmichim - The Israeli Violence Reduction Organization
Micha - Haifa and the North of Israel
Micha - Haifa and the North of Israel
Netanya Foundation
Nevet
Ofek Liyladenu
Or Laolam (Light the World)
Organization for the Advancement of the Child:
Yerucham
Orr Shalom
Otot
Pesia's Kitchen
P'Tach
Rachashei Lev
Schechter Institute of Jewish Studies
Sha'alei Tikvah|5,000
**5,000**
**5,000**
5,000
**5,000**
**5,000**
4,000
**4,000**
**4,000**
5,000
**5,000**
274
14
**288**
**5,288**
5,000
**5,000**
**5,000**
6,000
**6,000**
**6,000**
5,000
**5,000**
**5,000**
**-**
475
25
**500**
**500**
3,000
**3,000**
**3,000**
**-**
13,375
223
**13,598**
**13,598**
2,500
**2,500**
**2,500**
5,000
**5,000**
**5,000**
2,500
**2,500**
**2,500**
4,100
**4,100**
309
16
**325**
**4,425**
4,000
**4,000**
**4,000**
4,000
**4,000**
**4,000**
5,000
**5,000**
**5,000**
**-**
365
19
**384**
**384**
4,300
**4,300**
**4,300**
5,000
**5,000**
**5,000**
**-**
**-**
3,000
**3,000**
857
18
**875**
**3,875**
**-**
23,750
1,250
**25,000**
**25,000**
79,000
**79,000**
**79,000**
17,000
**17,000**
**17,000**
3,500
**3,500**
**3,500**
**-**
1,235
65
**1,300**
**1,300**
5,000
**5,000**
**5,000**
4,700
**4,700**
**4,700**
4,500
**4,500**
20,000
500
**20,500**
**25,000**
5,000
**5,000**
1,948
103
**2,050**
**7,050**
**-**
19,000
1,000
**20,000**
**20,000**
**-**
20,402
969
**21,371**
**21,371**
3,000
**3,000**
**3,000**
5,000
**5,000**
**5,000**
5,000
**5,000**
**5,000**
3,500
**3,500**
**3,500**
**-**
1,862
98
**1,960**
**1,960**
3,000
**3,000**
**3,000**
5,000
**5,000**
**5,000**
3,000
**3,000**
**3,000**
72,000
**72,000**
**72,000**
15,000
**15,000**
**15,000**
5,000
**5,000**
**5,000**|
- 26 -
## **JEWISH CHILD'S DAY CIO APPENDIX - 1 GRANTS ALLOCATED FOR THE YEAR ENDED DEC 2022**
**----- Start of picture text -----**
Name Geographical Area Unrestricted Grants Chairmans Action Discretionary Grants/ Exceptional Grants Grants Awarded Unrestricted & Discretionary Restricted Grants Paid Admin Fee Grants Awarded Restricted Total
SUMMARY £ £ £ £ £
UK 385,925 20,000 - 405,925 2,593 235 2,828 408,753
Israel 369,300 15,000 17,000 401,300 147,146 6,579 153,725 555,025
Rest of the world: 5,000 20,437 15,000 40,437 310 - 310 40,747
GRAND TOTAL 760,225 55,437 32,000 847,662 150,049 6,814 156,863 1,004,525
Shanti House Association 5,000 5,000 5,000
Shutaf 2,500 2,500 2,500
Soroka Medical Center 3,000 3,000 3,000
SOS Children's Villages 50,000 50,000 50,000
Sunrise Israel 3,000 3,000 3,000
Sulam - Special Education Preschool Centre 3,000 3,000 3,000
Talpiot 3,000 3,000 3,000
The Israel Tennis Centre - 31,421 1,654 33,075 33,075
The Jerusalem Academy of Music and Dance 3,000 3,000 3,000
The Society For The Advancement Of Education, Israel 4,000 4,000 4,000
The Therapeutic Riding Centre - 11,875 625 12,500 12,500
Yad Ezra Ve Shulamit 4,200 4,200 4,200
Yated - Downs Syndrome Society Of Israel 5,000 5,000 5,000
Israel - Total 369,300 15,000 17,000 401,300 147,146 6,579 153,725 555,025
REST OF WORLD Country Unrestricted Grants Chairmans Action Discretionary Grants/ Exceptional Grants Grants Awarded Unrestricted & Discretionary Restricted Grants Paid Admin Fee Grants Awarded Restricted Total
Mishpacha Orphanage Odessa Ukraine 15,437 15,437 15,437
Mishpacha Orphanage Odessa Ukraine - 310 310 310
Mishpacha Orphanage Odessa Ukraine 15,000 15,000 15,000
Migdal International Centre of Jewish Community Pro Ukraine 5,000 5,000 5,000
Fundacion Tzedaka Argentina 5,000 5,000 5,000
Rest of the world - Total 5,000 20,437 15,000 40,437 310 - 310 40,747
GRAND TOTAL 760,225 55,437 32,000 847,662 150,049 6,814 156,863 1,004,525
**----- End of picture text -----**
- 27 -